Ark raises concern over Coinbase concentration in Bitcoin ETF filings days before potential approval
Ark raises concern over Coinbase concentration in Bitcoin ETF filings days before potential approvalAn amended S1 filing also reduced possibility of in-kind transactions and revealed $1M cost of ETF launch.
Happy Friday!The global crypto market cap is $1.66 trillion, with a 24-hour volume of $66.25 billion. The price of Bitcoin is $42,288.63, and BTC market dominance is 49.9%. The price of Ethereum is $2,330.42, and ETH market dominance is 16.9%. The best-performing sector is Prediction, which gained 7%. The Crypto Fear & Greed Index is currently Greed (65). Top News
Ark raises concern over Coinbase concentration in Bitcoin ETF filings days before potential approvalAn amended S1 filing also reduced possibility of in-kind transactions and revealed $1M cost of ETF launch. FTX faces backlash after proposed estimation of customers’ Bitcoin at $16kFTX debtors argue that its estimate reflects the "fair and reasonable" prices of these cryptocurrencies. Ex-Binance CEO Changpeng Zhao seeks to seal travel documents citing child’s medical privacyEx-Binance CEO Changpeng Zhao seeks to privatize details of his travel plans in court amid legal battle over anti-money laundering practices. Latest Insights
More NewsChina initiates crackdown on use of stablecoins in illegal forex tradingChina ups enforcement on stablecoin misuse for illicit forex conversion, with recent prosecutions underlining zero tolerance for violations. Terra wins one summary judgment in SEC case, but sold unregistered securitiesTerraform Labs scores mixed results in SEC case, securing one summary judgment while others confirm unregistered securities sales. Indian watchdog issues issues compliance notices to 9 crypto exchanges, seeks to block URLsThe entities include major players like Binance, Kucoin, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfinex and Huobi. Coinbase International sets perpetual futures leverage limit to 10xThe company has also set a $90,000 notional limit across all positions. Vitalik wants Ethereum to be more ‘Cypherpunk’ hailing the social layer as its core USPEthereum Co-Founder Vitalik Buterin raises issue that Ethereum has 'no single dominant narrative' devolving its original vision.
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Vitalik Buterin outlines new Ethereum PoS strategy for post-Shanghai era
Thursday, December 28, 2023
Buterin outlined a long-term vision for Ethereum's proof-of-stake system that would dramatically reduce the required number of validator signatures.
ETF anticipation fails to lift prices as market faces $220 million in liquidations
Wednesday, December 27, 2023
The crypto market saw over $220 million liquidated in past 24 hours.
Bitcoin post-Christmas dip under $43k triggers marketwide liquidation of $170M
Tuesday, December 26, 2023
BTC's price showed weakness during the past day despite the prevailing market optimism.
Crypto investment products see $103 million in inflows ahead of Bitcoin ETF
Monday, December 25, 2023
The anticipation of a spot Bitcoin ETF prompts further inflows, bringing the year-to-date flow to almost $2 billion..
Elon Musk says X payments likely by mid-2024
Saturday, December 23, 2023
Musk also downplayed the importance of cryptocurrency, saying that he spends "hardly any" time thinking about it..
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Sunday, January 12, 2025
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FDIC interim chair calls crypto debanking ‘unacceptable’ amid concerns over Operation Chokepoint 2.0
Saturday, January 11, 2025
Although not directly from the FDIC, Hill's remarks brought new clarity to what critics have called "Operation Chokepoint 2.0." ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Weekly Project Updates: Berachain Deposits Surpass $1.1 Billion, Movement Secures $100 Million in Series B Funding…
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